PROPERTY, PLANT AND EQUIPMENT, NET

6 Months Ended

Jun. 30, 2022

Property, plant and equipment, NET

Property, plant and equipment, net, as of June 30, 2022 and December 31, 2021 consisted of the following:


	June 30, 2022			December 31, 2021
Buildings and improvements	$	35,446		$	25,075
Machinery, equipment, vehicles and office furniture		56,042			24,848
Computer equipment, hardware and software		6,800			5,617
Launch site assets		12,165			9,611
Construction in process		14,403			22,379
Property, plant and equipment—gross		124,856			87,530
Less accumulated depreciation and amortization		(27,825	)		(22,191	)
Property, plant and equipment—net	$	97,031		$	65,339

Depreciation expense recorded in the condensed consolidated statements of operations and comprehensive loss during the three and six months ended June 30, 2022 and 2021 consisted of the following:


	Three Months Ended June 30,				Six Months Ended June 30,
Depreciation expense	2022		2021		2022		2021
Cost of revenues	$	3,252	$	616	$	5,758	$	1,977
Research and development		536		20		781		116
Selling, general and administrative		376		1,162		718		1,462
Total depreciation expense	$	4,164	$	1,798	$	7,257	$	3,555